Fortinet, Inc.

Total Valuation

Fortinet, Inc. carries a market capitalization of 107.19B, placing it among publicly traded companies globally. Its enterprise value stands at 58.55B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Share Statistics

Fortinet, Inc. currently has 734.00M shares outstanding.

Valuation Ratios

Fortinet, Inc. trades at a trailing price-to-earnings ratio of 31.39. The price-to-sales ratio is 8.63, and the price-to-book ratio stands at -78.52.

Enterprise Valuation

On an enterprise value basis, Fortinet, Inc. trades at an EV/EBITDA multiple of 24.74 and an EV/FCF ratio of 18.36. The EV/Sales ratio of 8.24 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 26.48 provides insight into valuation relative to core operating earnings.

Financial Position

Fortinet, Inc. maintains a current ratio of 1.15, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 50.20, indicating elevated leverage, while an interest coverage ratio of 122.01 demonstrates strong ability to service its debt obligations.

Financial Efficiency

Taxes

Over the trailing twelve months, Fortinet, Inc. has paid 464.60M in income taxes, reflecting an effective tax rate of 19.20.

Stock Price Statistics

Fortinet, Inc.'s stock has gained approximately 45.09571% over the past 52 weeks. The 50-day moving average sits at 108.99, while the 200-day moving average is 88.53.

Income Statement

Over the trailing twelve months, Fortinet, Inc. generated 7.11B in revenue and converted that into 1.95B in net income, yielding earnings per share of 2.58. EBITDA reached 2.37B, while operating income came in at 2.21B.

Balance Sheet

Fortinet, Inc. holds 3.29B in cash and equivalents against 496.80M in total debt, resulting in a net debt position of -1.73B. Total book value stands at -781.30M, with working capital of 709.10M providing operational flexibility.

Cash Flow

Fortinet, Inc. produced 2.80B in operating cash flow over the past twelve months. After subtracting -368.90M in capital expenditures, free cash flow totaled 2.44B - equivalent to 3.24 per share.

Margins

Fortinet, Inc. operates with a gross margin of 80.30, reflecting its pricing power and cost economics. The operating margin of 31.10 and net profit margin of 27.49 provide insight into operational efficiency.

Dividends & Yields

Stock Splits

Fortinet, Inc.'s most recent stock split took place on June 23, 2022 with a 1:5 split ratio.

Scores

Fortinet, Inc. posts an Altman Z-Score of 5.62, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.